What was Milt Larsen net worth at the time of death?

Milt Larsen (April 9, 1931 – May 28, 2023) was an American actor, writer, performer, songwriter, magician, entrepreneur, and lecturer who founded The Magic Castle, a private club for magicians and fans.

Larsen and his brother, Bill Larsen Jr., began their careers in television and grew up in a family of magicians. William W. Larsen Sr., their father, was a performing magician and Los Angeles defense attorney. Geraldine, their mother, was an early television pioneer children’s entertainer known as The Magic Lady.

Larsen’s parents launched Genii, The Conjurors Magazine, in 1936, and it is still in print today. The Larsen Family was named one of the 100 most important magicians of the twentieth century by Magic magazine in 1999.

What was Milt Larsen net worth at the time of death?

Milt Larsen’s net worth is believed to be between $1,000,000 and $5,000,000. He has accumulated significant wealth through his primary occupation as a magician.

The Larsen Brothers’ father died in 1953, leaving his dream of a gathering place for magicians to swap trade secrets over drinks unfulfilled. In 1961, Larsen met Tom Glover, the owner of the hillside property that housed The Yamashiro restaurant in Hollywood.

Larsen informed Glover about his father’s concept for a magician’s clubhouse, and Glover agreed to Milt’s request to convert the Lane mansion on Glover’s property, beneath The Yamashiro, into The Magic Castle, a magician’s nightclub and home of the Academy of Magical Arts.